Airbnb stock jumps after upbeat forecast and Wall Street upgrades — can ABNB hold it?
Airbnb shares rose 4.6% to $121.35 Friday after the company forecast first-quarter revenue above Wall Street estimates and reported a 12% rise in quarterly revenue. The stock held most of its post-earnings rally, boosted by analyst upgrades from Deutsche Bank and Evercore ISI. U.S. markets are closed Monday for Presidents Day.